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(Bloomberg) -- Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome Powell last week that high interest rates are here to stay for now.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipUS Economy Slows and Inflation Jumps, Damping Soft-Lan

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

(Bloomberg) -- Eight months after raising interest rates to a two-decade high, Federal Reserve Chair Jerome Powell and his colleagues are moving closer to dialing back their inflation fight.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffIs Now the Right Time to Invest in Bitcoin?Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsIn congressional testimony last week, Powell emphasized the cent

It may be months before Federal Reserve officials are ready to take any action on interest rates, so traders are focusing on something else that ordinarily...

Minutes from the Federal Reserve’s latest gathering show most officials remained more worried about the risk of cutting interest rates too soon than keeping them high for too long and damaging the economy.